Alternative Currency Experiments: Benefits and Costs

In revolutionary situations national currencies either break down or become unstable. In reaction to this, people are forced to develop new mediums for exchanging goods and services. This article shows how some regions of the country are intentionally creating alternative currencies. it describes both the benefits and the problems. It is vitally important that we have some experience setting up alternative currencies as capitalist currencies become destabilized.

By David McCarthy and Maria Reidelbach (2016)

Read in Grassroots Economic Organizing

About Barbara MacLean

Barbara MacLean has worked as an academic and career counselor at California State University, East Bay (CSUEB), Merritt and West Valley Colleges and as a career counselor and manager of the Oakland One Stop Career Center, a public career and jobs center in partnership with EDD. She is a co-founder and editor of Planning Beyond Capitalism.

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